# COPPER funding rates and arbitrage

Updated 2026-10-29 21:42 UTC · https://afterfees.xyz/coin/COPPER

## Best COPPER arbitrage after every cost

No COPPER pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## COPPER funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [BloFin](https://afterfees.xyz/venues/blofin) | COPPER-USDT | 0.0120% | 4 h | +26.3% | +2.7% | $460.9K | 2026-10-30 00:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | COPPER | 0.0014% | 1 h | +12.0% | +4.3% | — | 2026-10-29 22:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | COPPER | 0.0013% | 1 h | +10.9% | +11.0% | $68.7K | 2026-10-29 22:00 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | COPPER-USD.P | 0.0006% | 1 h | +5.5% | — | $36K | 2026-10-29 22:00 |
| [QFEX](https://afterfees.xyz/venues/qfex) | COPPER-USD | 0.0003% | 1 h | +3.0% | — | $5.9M | 2026-10-29 22:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | COPPERUSDT | 0.0010% | 4 h | +2.3% | +3.3% | — | 2026-10-30 00:00 |
| [Phemex](https://afterfees.xyz/venues/phemex) | COPPERUSDT | 0.0000% | 4 h | 0.0% | — | $4.1M | 2026-10-30 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | COPPERUSDTM | 0.0000% | 4 h | 0.0% | +2.8% | $399.3K | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | COPPER_USDT | 0.0000% | 4 h | 0.0% | +0.5% | $15.2M | 2026-10-30 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | COPPERUSDT | 0.0000% | 4 h | 0.0% | +3.6% | $897.2K | 2026-10-30 00:00 |
| [HTX](https://afterfees.xyz/venues/htx) | COPPER-USDT | 0.0000% | 4 h | 0.0% | 0.0% | $25.3K | 2026-10-30 00:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | COPPER_USDT_Perp | 0.0000% | 4 h | 0.0% | +2.4% | $100.6K | 2026-10-30 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | COPPER-PERP | 0.0000% | 4 h | 0.0% | — | $1.2M | 2026-10-30 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | COPPERUSDT | 0.0000% | 4 h | 0.0% | +0.5% | $9.2M | 2026-10-30 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | COPPER-USDC | -0.0007% | 1 h | −6.3% | — | $721K | 2026-10-29 22:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | xyz:COPPER | -0.0009% | 1 h | −7.6% | +4.9% | $8.2M | 2026-10-29 22:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCCO724COPPER2USD-USDT | -0.0050% | 4 h | −10.9% | +2.6% | $931.4K | 2026-10-30 00:00 |

## Cost to enter $10,000 of COPPER

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| GRVT | COPPER_USDT_Perp | 6.1 bp | order-book snapshot, 64 min old |
| MEXC | COPPER_USDT | 0.8 bp | top of book only |
| Hyperliquid | xyz:COPPER | 1.8 bp | top of book only |
| Variational | COPPER-PERP | 3.0 bp | top of book only |
| Binance | COPPERUSDT | 5.8 bp * | top of book only |
| BingX | NCCO724COPPER2USD-USDT | 5.8 bp | top of book only |
| Bitget | COPPERUSDT | 6.8 bp | top of book only |
| BloFin | COPPER-USDT | 6.8 bp | top of book only |
| HTX | COPPER-USDT | 14.3 bp * | top of book only |
| KuCoin | COPPERUSDTM | 19.6 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## Questions

**Is COPPER funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no COPPER pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest COPPER funding rate?**

BloFin at +26.3% a year (0.0120% every 4 h); the lowest is BingX at −10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._